Norfolk Southern’s weak Q4, deteriorating OR draw Wall Street criticism

News

Plans to improve seen as still leaving East Coast-focused railroad trailing Class 1 peers

By John Kingston for freightwaves.com

Norfolk Southern’s fourth quarter was jeered by several Wall Street analysts. (Photo: Jim Allen/FreightWaves)

Fourth-quarter 2023 earnings and a projection for its prospects in 2024 have led to at least a pair of Wall Street downgrades of the prospects for Norfolk Southern’s stock price. To continue reading…

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